NORDIC GARDEN AS

3277 STEINSHOLT

Finances

Return on Equity

−6,28 %

Current Ratio

2,14

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	220 723 000	236 470 000	225 123 000	192 124 000
Net Income	−5 210 000	4 520 000	9 646 000	9 070 000
Total Assets	135 564 000	138 191 000	107 904 000	115 588 000
Total Equity	82 908 000	88 118 000	83 599 000	73 953 000

Income (NOK)	2022	2021	2020	2019
Revenue	220 723 000	236 470 000	225 123 000	192 124 000
Expenditure	226 757 000	230 528 000	212 014 000	179 406 000
Operating Profit	−6 034 000	5 942 000	13 110 000	12 718 000
Financial Income	362 000	464 000	425 000	204 000
Financial Costs	998 000	610 000	1 165 000	1 286 000
Financial Balance	−636 000	−146 000	−740 000	−1 082 000
Earnings Before Tax	−6 670 000	5 796 000	12 370 000	11 636 000
Tax	−1 460 000	1 276 000	2 724 000	2 567 000
Net Income	−5 210 000	4 520 000	9 646 000	9 070 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	59 955 000	59 582 000	45 266 000	47 059 000
Total Current Assets	75 608 000	78 609 000	62 638 000	68 529 000
Total Assets	135 564 000	138 191 000	107 904 000	115 588 000
Total Retained Equity	78 808 000	84 018 000	79 499 000	69 853 000
Total Equity	82 908 000	88 118 000	83 599 000	73 953 000
Total Long-Term Debt	17 371 000	18 788 000	3 209 000	2 213 000
Total Current Debt	35 284 000	31 284 000	21 096 000	39 422 000
Total Equity and Debt	135 564 000	138 191 000	107 904 000	115 588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	220 723 000	236 470 000	225 123 000	192 124 000
Other Income	0	0	0	0
Revenue	220 723 000	236 470 000	225 123 000	192 124 000
Cost of Goods Sold	159 214 000	164 083 000	154 111 000	129 060 000
Salary Costs	32 051 000	31 672 000	27 005 000	25 171 000
Depreciation	6 413 000	5 666 000	4 821 000	4 311 000
Impairment	0	0	0	0
Expenditure	226 757 000	230 528 000	212 014 000	179 406 000
Operating Profit	−6 034 000	5 942 000	13 110 000	12 718 000
Financial Income	362 000	464 000	425 000	204 000
Financial Costs	998 000	610 000	1 165 000	1 286 000
Financial Balance	−636 000	−146 000	−740 000	−1 082 000
Dividends	0	0	0	0
Net Income	−5 210 000	4 520 000	9 646 000	9 070 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 214 000	7 424 000	7 497 000	9 575 000
Real Eastate	13 149 000	12 849 000	12 624 000	11 831 000
Machinery and Plant Facilities	23 052 000	25 749 000	11 627 000	12 134 000
Fixtures	22 000	42 000	0	0
Total Tangible Assets	36 223 000	38 640 000	24 251 000	23 965 000
Total Fiancial Fixed Assets	13 518 000	13 518 000	13 518 000	13 518 000
Total Fixed Assets	59 955 000	59 582 000	45 266 000	47 059 000
Stock	59 004 000	61 576 000	55 109 000	58 099 000
Total Investments	0	0	0	0
Cash, Bank	1 255 000	1 193 000	937 000	768 000
Total Current Assets	75 608 000	78 609 000	62 638 000	68 529 000
Total Assets	135 564 000	138 191 000	107 904 000	115 588 000
Total Equity	82 908 000	88 118 000	83 599 000	73 953 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 371 000	18 788 000	3 209 000	2 213 000
Creditors	9 564 000	9 300 000	395 000	10 598 000
Unpaid Taxes	2 244 000	2 155 000	1 746 000	1 621 000
Dividends	0	0	0	0
Other Current Debt	23 476 000	19 830 000	18 955 000	27 202 000
Total Current Debt	35 284 000	31 284 000	21 096 000	39 422 000
Total Equity and Debt	135 564 000	138 191 000	107 904 000	115 588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,28 %	5,13 %	11,54 %	12,26 %
Debt-to-Equity Ratio	0,21	0,21	0,04	0,03
Operating Profit Margin	−2,73 %	2,51 %	5,82 %	6,62 %
Current Ratio	2,14	2,51	2,97	1,74
Quick Ratio	−3,19	−2,6	−1,84	−3,67
Equity Ratio	0,61	0,64	0,77	0,64
Gross Profit Margin	27,87 %	30,61 %	31,54 %	32,82 %